Government infused recapitalization fund of Rs 14 500 in 4 state owned lender What amount of capital...........

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Government infused recapitalization fund of Rs 14,500 in 4 state-owned lender. What amount of capital infusion was announced by the government for banks in fiscal 2020-21 ?

Rs 15,000 crore

Rs 20,000 crore

Rs 25,000 crore

Rs 30,000 crore

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Explanation:

The Central Government has announced to infuse Rs 14,500 crore in four state-owned lenders namely Central Bank of India, Indian Overseas Bank, Bank of India and UCO Bank in 2020-21, by issuing non-interest bearing bonds to these banks.
This infusion will complete the government’s total capital infusion of Rs 20,000 crore in public sector banks for the current financial year 2020-21.
Earlier in December 2020, it infused Rs 5,500 crore in Punjab and Sind Bank.